What is Data Extraction? - Socure Glossary

Devhub Login

Products
Products Experience the power of graph-defined identity verification.
Platform

Fraud Risk

Compliance

ID Document Verification

Account Intelligence
Platform

. Socure ID + Platform
The new standard for digital identity verification, providing real-time, predictive analytics for the most accurate and comprehensive identity verification and fraud prediction—all through one API.

Digital Identity Fairness & Inclusion Report
Measuring access and promoting equitable financial inclusion in the U.S. financial system
See more

Fraud Risk

. Sigma Identity Fraud
Analyze every dimension of a consumer identity to capture up to 90% of fraud in the riskiest 3% of users.

. Sigma Synthetic Fraud
Identify and isolate synthetic identity risk at enrollment and in existing customer portfolios.

. Address RiskScore
Predict the risk of an address utilizing various risk intelligence and residency attributes.

. Email RiskScore
Predict the risk of an email and its correlation to an identity.

. Sigma Device
Predict the risk associated with a device while binding known identities to known good devices.

. Phone RiskScore
Predict the risk of a phone number as well as ownership utilizing various risk intelligence and phone number attributes.

Compliance

. Socure KYC
Achieve the highest auto-approval rates for all ages and populations with the highest level of matching accuracy across each PII element.

. Global Watchlist Screening with Monitoring
Identify risk by matching identities against sanctions and enforcement lists, as well as PEP and Adverse Media registries worldwide.

White Paper
KYC as a Driver for Customer Acquisition, Brand Confidence, and Incremental Revenue
See more

ID Document Verification

. Predictive DocV
Authenticate government IDs, stop spoofing attacks, drive better decisioning, and approve more good users on the first try.

Report
3 Warning Signs That Your ID Verification Process is Robbing You of Revenue
See more

Socure Account Intelligence

. Socure Account Intelligence
Accurately verify account ownership and status with consortium-powered analytics while supercharging customer conversion and reducing risk.
Industries

Industries Seamlessly onboard more good customers while preventing fraud—no matter your industry.

.

Financial Services
Verify identities and stop fraud throughout the customer lifecycle, while meeting the most stringent compliance requirements.

.

E-Commerce Marketplace
Strengthen the reputation of your ecosystem and instantly onboard more consumers and sellers without increasing risk.

.

Sharing Economy
Ensure trust & safety while instantly onboarding more consumers, sellers, and gig workers without increasing fraud.

.

Online Gaming
Maximize player conversion rates and reduce identity fraud losses while maintaining compliance.

.

Buy Now Pay Later (BNPL)
Auto-accept more shoppers, attract more merchants, and protect your customers from identity fraud.

.

Public Sector
Increase auto-verification rates of eligible individuals, improve program integrity, and eliminate manual reviews.

.

Crypto
Verify identities faster and accelerate time to funding, trading, purchase, and storage.

.

Workforce
Register and onboard more good applicants with passive identity verification.
Resources
Resources Stay up to date on industry news, trends, and Socure's world-class solutions.
Fact Sheets

Case Studies

White Papers

Reports & eBooks

Webinars

Events

Blog

Glossary
Synthetic Fraud White Paper
Read about how we will eradicate synthetic identity fraud by 2026.
See more
Partners
Company
Company Learn more about the award-winning people and technologies that power Socure.
About Socure

News & Press

Careers

Events
Synthetic Fraud White Paper
Read about how we will eradicate synthetic identity fraud by 2026.
See more

Request A Demo & pricing

Home Glossary Data Extraction

Data Extraction

Data extraction employs optical character recognition (OCR) to extract data from the front of a government-issued ID document to verify security features, fonts, formats, and digit checks.